2021 Spending Goals Review

I recently realised that we’d lost sight of our FIRE goal, so it’s time to revisit where we are, and where we want to be in the future. Part of where we’d like to be is not just saving, but enjoying our money in line with our values. In this post we’ll review our spending goals.  Going back to the very basics, I started with Pete Matthew’s Meaningful Money podcast Season 2 from 2016. This series was immensely helpful in getting us to actually start investing. One of the first episodes was named “Why Invest”. To be honest, listening back nearly five years after we’ve been investing to reach FIRE, ... Show Me More!

Merry Christmas 2017!

Despite all of my bah-humbug, I’d like to wish everyone reading a Merry Christmas, Happy Holiday, and goodwill to all people. Special thoughts go out to those who are having a hard time right now, whether it be through illness, loss of a loved one, or loneliness. I also extend my appreciation to people whose jobs require them to work over Christmas. Thanks for keeping our essential services running. Mr. ETT and I are busy cleaning, preparing, arguing about the air conditioning… and loving having time to ourselves. See you all in 2018, when we’ll be another year closer to FIRE! ... Show Me More!

Top Money Saving Tip — Cancel Christmas

My childhood memories of Christmas are wonderful. We were on holidays with no homework to complete for next term. We could do what we wanted with our days. We roamed the neighbourhood with kids from the street, riding our bikes and swimming in the pool next door. I could read all day if I liked. Christmas was a time of anticipation—decorating the Christmas tree, adding wrapped presents underneath, putting up tinsel and spray-on snow*, waking early on Christmas morning to race out and see what Santa had left for us, then playing with new toys all day. Of course there was some sort of Christmas meal, but they don’t feature ... Show Me More!

Kiama – Bombo, Blowholes and Bluebottles

Mr. ETT and I visited Kiama, on the NSW South Coast, home to the largest blowhole in the world (according to a single tourist website). Fact check fail! We’ve been to Kiama a few times before, but only always as a short stop on the way to somewhere else. We had never made the time to stay there. It turns out this was an oversight I’m glad we corrected. Initially, the idea was that I would finally get on the back of the motorbike for a reasonably long trip. Mr. ETT had suggested Tamworth—a bit ambitious considering it is 5 hours away! I quashed that idea pretty quickly, so we ... Show Me More!

October 2017 Spending and New Habits

After our expensive year in 2016, we set ourselves a goal to reduce our spending by 10% in 2017. We want to do this because it has a double effect. Firstly, it frees up more money to invest for our future. Secondly, if we can live on less, then it brings that future much closer. In 2016, we spent $80,000. To generate that using passive income and the 4% rule, we would need $2,000,000 invested! Yet another huge surprise this month because we stayed below our target. “Big deal, Mrs. ETT,” I hear you say. “Why wouldn’t you?” Because our food spending was “YUUUUUGE”. It was beyond yuge, it was stratospheric. ... Show Me More!